Author: Kryptonews

Key Takeaways Arthur Hayes predicts most layer 1 blockchain tokens will fail except for Ethereum and Solana. He believes initial price surges in new layer 1 projects rarely translate to long-term success. Share this article Arthur Hayes, co-founder of crypto derivatives exchange BitMEX, said he expects most layer 1 blockchain coins outside Ethereum and Solana to fail, including Monad, a recently launched layer 1 backed by Coinbase Ventures. “I think pretty much every other L1 besides Ethereum or Solana is a zero,” said Hayes, speaking in an interview with Altcoin Daily. “And they’re not going to do very well.” Hayes…

The crypto universe is lighting up with big moves. Meanwhile, Apeing ($APEING), the next hot contender, is gearing up for its upcoming crypto presale, promising early entry that could reward savvy investors before the frenzy kicks in. Those watching closely are already realizing this could be a game-changer. Not far behind, Solana and XRP are capturing market attention. Solana’s supply crunch and XRP’s ETF surges are dominating trading desks and social channels alike. The combination of institutional moves, ecosystem updates, and new fund listings is setting the stage for one of the most exciting periods in crypto, offering multiple angles…

The team behind the Hyperliquid decentralized exchange (DEX) disclosed a 1.75 million HYPE token unlock for its developers and core contributors on Saturday, valued at over $60.4 million at the time of this writing.Saturday’s token unlock was previously announced and is part of HYPE’s vesting schedule, according to pseudonymous Hyperliquid developer iliensinc, who celebrated the first anniversary of Hyperliquid’s historic airdrop and token generation event. He said:“For perspective, about 270 million tokens were fully unlocked on Nov 29, 2024, in the largest airdrop in history, measured in today’s market value at about $9.5 billion. There are no investor unlocks, as…

Strategy CEO Phong Le says the company now has “more flexibility than ever” to continue accumulating bitcoin, citing a capital structure built on long-dated debt, opportunistic equity access, and no short-term refinancing pressure.Speaking on the most recent episode of the “What Bitcoin Did” podcast, Le told host Danny Knowles that Strategy’s ability to raise capital through both debt and equity has become a central part of the firm’s long‑term bitcoin operating strategy. He described capital‑market access as the “magic” behind the company’s ability to consistently add bitcoin to its balance sheet through multiple market cycles.Le said the firm deliberately engineered…

Ripple (XRP) is making major headlines with significant developments, including the launch of smart contracts on its AlphaNet, the SEC’s approval of the 21Shares XRP Spot ETF, and regulatory green lights for its RLUSD stablecoin in Abu Dhabi. These updates are creating a hype about XRP’s potential to integrate deeper into the financial world. While established players like Ripple navigate market dynamics, a new project, GeeFi, is demonstrating explosive momentum. After selling over 5 million tokens this week and successfully closing Phase 1, GeeFi has now entered Phase 2 of its presale, offering a fresh opportunity for investors seeking ground-floor…

Denis Dariotis, the 22-year-old founder and CEO of cryptocurrency-focused trading software firm GoQuant, remembers the constraints and pressures of maximizing his trading portfolio while he was still in the third grade at school.“I remember telling my teachers I had to take 10 minutes out of class to check my portfolio when the market opened and closed,” Dariotis said in an interview.The child trading prodigy recalled how a teacher wanted to see his computer screen and what he was trading. But he shut the laptop saying, “No, I’m afraid that’s private” — an interesting presage of the crypto-focused dark pool app…

XRP is trading at $2.22, slightly higher on the day as buyers attempt to regain control after a week of tight consolidation. With a market cap of $133.7 billion and 24-hour trading volume above $3.5 billion, XRP remains one of the most closely tracked large-cap cryptocurrencies. The key question now is whether bulls can secure a weekly close above $2.22, a level that would signal that momentum is turning decisively upward.XRP/USD Price Holds Key Support ZoneXRP’s latest rebound began after the market defended the $2.14 demand zone, an area repeatedly tested throughout November. The 4-hour chart shows price pressing into…

Key NotesA class action lawsuit has been brought against prediction marketplace Kalshi.The platform is being accused of illegal sports gambling and of manipulating the market.This comes only a few weeks after Kalshi raised $300 million in a Series D funding at a $5 billion valuation. Kalshi is facing a lawsuit for its involvement in illegal sports gambling and for allegedly manipulating the market. It allegedly advertised itself as providing “legal sports betting” even though it does not possess any gaming license in any US state. This new class action comes as the company records significant growth in its valuations and…

Key Highlights Securitize received a major approval from Spain’s CNMV to operate a fully regulated trading and settlement system for tokenized securities across the EU The approval will allow the company to offer a service for the issuance, trading, and settlement of tokenized assets in a single transaction The platform will be built on the Avalanche blockchain to use its institutional-grade compliance  On November 26, Spain’s National Securities Market Commission (CNMV) granted approval to Securitize to operate a fully regulated trading and settlement system for tokenized securities across the European Union.  The platform will be built on the Avalanche blockchain…

Hester Peirce, a commissioner of the United States Securities and Exchange Commission (SEC) and head of the SEC’s Crypto Task Force, reaffirmed the right to crypto self-custody and privacy in financial transactions.“I’m a freedom maximalist,” Peirce told The Rollup podcast on Friday, while saying that self-custody of assets is a fundamental human right. She added:“Why should I have to be forced to go through someone else to hold my assets? It baffles me that in this country, which is so premised on freedom, that would even be an issue — of course, people can hold their own assets.” SEC commissioner…